The North Salem housing market is very competitive. The median sale price of a home in North Salem was $662K last month, up 44.4% since last year. The median sale price per square foot in North Salem is $477, up 12.5% since last year.
What is the housing market like in North Salem today?
In March 2024, North Salem home prices were up 44.4% compared to last year, selling for a median price of $662K. On average, homes in North Salem sell after 20 days on the market compared to 21 days last year. There were 10 homes sold in March this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$662,450
+44.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North Salem, MA
$662,450
+44.4%
United States
To compare other locations to the North Salem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salem add value to a home.
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How hot is the North Salem housing market?
North Salem is very competitive. Homes sell in 19.5 days.
0
100
89
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 20 days.
Hot homes
can sell for about 8% above list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Salem.
Risk Factor
Flood Factor - Major
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Salem has a major risk of flooding. 140 properties in North Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in North Salem. Flood risk is increasing faster than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Salem has a minor risk of wildfire. There are 175 properties in North Salem that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in North Salem.
77% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
North Salem has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Salem is most at risk from hurricanes. 1,288 properties in North Salem have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 104 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 115 mph.